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Mobile game startup Madbox raises $16.5 million after 100 million downloads

Mobile game startup Madbox raises $16.5 million after 100 million downloads

5 years ago
Anonymous $JavybBYWR5

https://techcrunch.com/2019/10/18/mobile-game-startup-madbox-raises-16-5-million-after-100-million-downloads/

French startup Madbox is raising a $16.5 million (€15 million) Series A funding round from Alven. The company is developing mobile games and handles everything from start to finish, from game design to publishing and user acquisition.

Madbox is a young player in the mobile game space. The company is the result of the merger of two tiny Paris-based game studios in July 2018. After a couple of months, the startup released its first game, Dash Valley. And the game quickly ended up trending in the top 50 of top free game downloads in the App Store in the U.S.